

Ponmudi R, CEO – Enrich Money, an online trading and wealth tech firm, said. In addition, foreign institutional investor (FII) flows and currency movements


West Asia crisis, crude prices key factors for stock market movement
Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. In addition, foreign institutional investor (FII) flows and currency movements
BBusinessLine
March 8, 2026 at 12:20 PM


West Asia crisis, crude prices key factors for stock market movement
Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. ... Brent crude trading above USD 90 is bad news for the Indian economy and markets,
NNewsDrum
March 8, 2026 at 11:40 AM
Sensex, Nifty Plunge As Iran-Israel War Jitters Grip Market
According to Ponmudi R, CEO of Enrich Money, investors will closely monitor ... Latest News · Australian GP Live: Charles Leclerc, George Russell Battle
TTimes Now
March 8, 2026 at 10:49 AM


Gold nears INR 1.70 lakh, silver eyes INR 3 lakh amid safe-h
According to Ponmudi R, CEO of Enrich Money, gold and silver approached record highs before experiencing mild corrections, while crude oil surged sharply
Wwww.easternmirrornagaland.com
March 8, 2026 at 09:35 AM


West Asia Crisis & Oil Prices Impact Stock Market: Rediff Moneynews
Ponmudi R, CEO - Enrich Money, an online trading and wealth tech firm, said. In addition, foreign institutional investor (FII) flows and currency movements
RRediff
March 8, 2026 at 12:17 PM


HAL, BEL, BDL, Zen Technologies to GRSE: Is defence the new IT
Ponmudi R, CEO at Enrich Money. The Livelong Wealth expert said that companies such as Hindustan Aeronautics Limited, Bharat Electronics Limited, and
Mmint
March 8, 2026 at 08:52 AM


US-Iran war to crude oil prices: Top five triggers that may dictate
Stock Market Outlook next week. According to Ponmudi R, CEO – Enrich Money, the week ahead is likely to remain volatile, with market sentiment largely shaped by
Wwealthybrains.in
March 7, 2026 at 06:20 PM


Gold Rate Today, March 7: Check City-Wise Prices In Delhi, Mumbai
Ponmudi R, CEO of Enrich Money, noted that the broader commodities market is ... Stay informed on all the latest news, breaking news updates, and check
NNewsX
March 7, 2026 at 04:55 PM


Nifty Prediction For Monday, March 9: Will Markets Open Lower
Ponmudi R, CEO of Enrich Money, noted, “Indian equity markets remained ... Stay informed on all the latest news, breaking news updates, and check all
NNewsX
March 7, 2026 at 08:39 PM
Today Forecast
Pre-Market Outlook
2026-03-0607:47 AM
Indian equity markets are likely to begin the session on a cautious note, mirroring weakness in U.S. equities and subdued sentiment across Asian markets. Persistent geopolitical tensions in the Middle East continue to keep crude oil prices elevated, heightening concerns over renewed global inflationary pressures and the possibility of tighter monetary policy conditions ahead. As a result, global investor sentiment remains cautious, with market participants expected to maintain a measured and risk-averse stance in the near term.
Nifty 50
Nifty 50 is showing early signs of stabilization following the recent rebound from lower levels; however, the index continues to face resistance around the 24,900–25,000 zone, which remains a key barrier for further upside. A sustained move above 25,000 would strengthen the near-term technical structure and could potentially open the path toward 25,300–25,500.
On the downside, 24,650 is placed as the immediate support level, followed by a stronger support zone around 24,530–24,500, where buying interest had previously emerged. Momentum indicators remain relatively subdued, with the RSI near 38, reflecting weak momentum, while the MACD remains in negative territory, suggesting that broader trend confirmation is still pending. Although the rebound has improved the short-term structure slightly, sustained buying momentum is required to confirm a stronger recovery. Until then, the index is likely to move in a consolidation phase with a cautious undertone.
Bank Nifty
Bank Nifty managed to hold above the 59,000 zone, indicating signs of stability after the recent decline. Sustaining above this level could support a technical bounce toward 60,000, with intermediate resistance placed around 59,300–59,500. However, a decisive close above 60,000 would be required to significantly improve the near-term technical structure and signal stronger recovery momentum.
On the downside, a break below 58,000 could extend the weakness toward the 57,800 level. Momentum indicators are showing mild improvement, with the RSI around 39, while the MACD continues to remain in negative territory, indicating that underlying pressure still persists. In the near term, the index is expected to trade within a choppy range, with recovery attempts dependent on sustained buying interest above the 59,000 mark.
Ponmudi R, CEO of Enrich Money
Today Nifty Outlook
NIFTY50
Today Bank Nifty Outlook
BANK NIFTY

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